Institutional Services

ICRA A Moody's Investor Services

Grading

The Grading Services offered by ICRA employ pioneering concepts and methodologies, and include Grading of: Microfinance Institution (MFIs); Construction Entities; Real Estate Developers and Projects; and Maritime Training Institutes. These apart, of late, ICRA has been offering the services of Grading of the Renewable Energy Service Companies (RESCOs) and the System Integrators(SI); Grading of Management Education Institutes; Grading of Engineering Colleges/Universities; Grading of Fundamental Strength and Recovery Prospects; Assessment of the fundamental and financial strength of Real Estate Entities (REEs) & Real Estate Projects (REPs); and ICRA Corporate Responsibility and Sustainable-Business Grading.

Financial Strength Grading

An ICRA Financial Strength Grading is a symbolic indicator of ICRA's current opinion on the relative financial profile of the shipbuilding company concerned. An ICRA Financial Strength Grading is not a comment on any specific debt servicing capability of the shipbuilder.

The focus of Financial Strength Grading exercise is on evaluating the business and financial risks of the concerned ship building company. ICRA forms an opinion on a shipbuilder's business risk by analysing, among other factors, its operating environment, delivering capabilities of its shipyard, scalability (in relation to business plans), and management and systems. Financial risk is assessed through an evaluation of factors including the shipbuilder's liquidity position, profitability, coverage and capitalisation profile.

Others Grading